Monthly Archives: July 2012

Are student loans similar to subprime mortgages?

The newly-created Consumer Financial Protection Bureau (CFPB) is making more news this week, but not because of any regulatory fines or punitive actions.  This time, the CFPB is advocating that borrowers who took out private student loans should be able … Continue reading

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Is JP Morgan Chase & Co. too big and too lax?

JP Morgan Chase & Co. recently announced that its loss on bad credit derivative bets has grown from the ‘small’ sum of $2 billion to the much larger sum of at least $5.8 billion.  The banking conglomerate’s stunning loss has … Continue reading

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U.S Bank caught up in foreclosed home disrepair dilemma

The city of Los Angeles is suing Minneapolis-based U.S. Bank, accusing a U.S. Bank subsidiary of failing to maintain hundreds of foreclosed homes which have fallen into disrepair and tarnished community property values along the way.  U.S. Bank allegedly holds … Continue reading

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Interbank Rates and Compliance

Various U.K. and European Union regulators recently stated that they were vigorously investigating allegations of price fixing of two critical interbank interest rates.  Some European politicians were calling for criminal prosecutions because of the rate-rigging. The rate at issue is … Continue reading

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SEC Investigates Inland American REIT

The SEC just recently announced that it has commenced an investigation into Inland America Real Estate Trust Inc. (“Inland American”). Inland American is one of five (5) real estate investment trusts (“REITS”) affiliated with The Inland American Real Estate Grouo … Continue reading

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